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12/9/09

Forbes - Copenhagen "agenda setting" - China urges U.S. to increase Copenhagen offer - by Gerard Wynn and Emma Graham-Harrison

Forbes.com/Reuters

China urged President Barack Obama to increase a U.S. offer to cut carbon emissions but its top climate envoy indicated willingness on Wednesday to compromise at a U.N. conference in Copenhagen. Xie Zhenhua, deputy chairman of the powerful economic planning super ministry, the National Development and Reform Commission (NDRC) said that China wanted to play a constructive role at the Dec. 7-18 climate talks, where a successful outcome largely depends on agreement between the United States and China which together emit 40 percent of global greenhouse gases.

Xie said that he preferred a final, legally binding agreement at the meeting in Copenhagen, but if that were not possible a deadline to wrap up a full treaty by June "would be very good". He rejected a U.N. proposal for fast-track funding of $10 billion a year from 2010-2012 as "not enough".

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